4 Oct 2024
First funding for West Midlands Investment Zone (wmca.org.uk)
The delivery of the flagship West Midlands Investment Zone, capable of driving more than £5bn of investment and 30,000 new jobs, got underway today (Thursday, 3 October) with the announcement of a £14.5m funding package.
The money will be used to begin planning the necessary infrastructure works at the Coventry and Warwick Gigapark site at Coventry Airport and to help small and medium sized enterprises (SMEs) break into new supply chains.
The funding package, the first money to be made available as part of the Investment Zone, was approved at a meeting of the West Midlands Combined Authority’s (WMCA) Investment Zone Board.